 | |
| Company type | Publicly |
|---|---|
| |
| Industry | Insurance |
| Founded | April 2015 |
| Founders |
|
| Headquarters | New York City |
Area served |
|
Key people |
|
| Products | |
| Revenue |  US$430 million (2023) |
 US$−230 million (2023) | |
| US$−237 million (2023) | |
| Total assets |  US$1.63 billion (2023) |
| Total equity | US$709 million (2023) |
Number of employees | 1,258 (2023) |
| Subsidiaries | Metromile |
| Rating | A (Demotech)[1] |
| Website | lemonade |
| Footnotes / references [2] | |
Lemonade, Inc. is an American insurance company. The company offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance in the United States, as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France. The company is based in New York City and has approximately 1.9 million customers.[3] Lemonade does not hire human employees to process claims for customers, instead using artificial intelligence and chatbots to process claims.[4][5][6]
- ^ "Financial Stability Ratings®: Demotech". Demotech. Archived from the original on May 10, 2022. Retrieved August 9, 2017.
- ^ "Lemonade, Inc. 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 28, 2024.
- ^ "Lemonade, Inc. Shareholder Letter Q1 2023" (PDF). Lemonade, Inc.
- ^ "A New York startup shakes up the insurance business". The Economist. March 11, 2017. Archived from the original on January 19, 2021. Retrieved March 15, 2021.
- ^ Chen, I-Chun (June 25, 2020). "Lemonade, insurer that uses bots to replace brokers, plans $286M IPO". American City Business Journals. Archived from the original on May 10, 2022. Retrieved March 15, 2021.
- ^ Aziz, Afdel (March 9, 2020). "The Power Of Purpose: How Lemonade Is Disrupting Insurance With Goodness (And A New Foundation)". Forbes. Archived from the original on May 10, 2022. Retrieved March 15, 2021.